- The Litepaper by Stocktwits
- Posts
- Monday Feels Like A Hug After Last Week's Dumpster Fire
Monday Feels Like A Hug After Last Week's Dumpster Fire
Green to start the week, BTC hashrate hits new ATH, DOGE drama, and more
OVERVIEW
Monday Feels Like A Hug After Last Week's Dumpster Fire
Before we dive in, here’s today’s crypto market heatmap:
And here’s a look at crypto’s total and altcoin market cap YTD:
Most bullish/bearish symbols on Stocktwits at the close: 📈 $AAVE, $FTM, $TAO, $FET, $DOGE, 📉 $HNT, $BIT, $SUI, $DAI, and $XMR
*If you’re a business and want to access this data via our API, email us.
News In Three Sentences
Bitcoin, Ethereum, And Solana News 🪙
💻 Bitcoin’s Hashrate Smashes Records, New ATH 845 EH/s
$BTC’s hashrate just shattered another record, hitting 845 exahashes per second. The insane hashrate means blocks are being processed faster, and a difficulty adjustment is on the way. Miners might be feeling the revenue pinch, but this surge proves Bitcoin’s network is getting stronger than ever. Bitcoin.com.
🔍 Galaxy Digital Moves $89 Million in Bitcoin to Coinbase Prime—Cue the Speculation
Galaxy Digital just moved 1,652 Bitcoin—nearly $90M—over to $COIN Prime, and the crypto world’s buzzing about what’s next. Led by Bitcoin bull Mike Novogratz, this transfer has people wondering if a big sale’s coming. Whatever Galaxy’s up to, it’s adding fuel to the ongoing FUD. LookOnChain.
⚡ Peter Brandt Bets Bitcoin Will Smoke Gold Soon
The great Peter Brandt thinks Bitcoin’s about to flex on gold, pointing to an inverted head-and-shoulders pattern in the BTC/GLD ratio. Sure, Bitcoin might stumble in the short term, but Brandt sees a big bullish setup on the horizon. His chart suggests Bitcoin could end up worth 123 times the price of gold—now that’s a moonshot. X.
🌊 Solana DeFi Outliers Crush It While the Market Struggles
While most of $SOL’s DeFi ecosystem took a beating, lending platforms like NX Finance and Lulo Finance somehow thrived. NX Finance shot up 65% in TVL, thanks to a fat rewards program, while Lulo saw liquidity grow by 32%. These guys are bucking the trend while the rest of the market tanks. SolanaFloor.